MTU Aero Engines (ETR:MTX) Trading Up 2.4% – Should You Buy?

MTU Aero Engines AG (ETR:MTXGet Free Report) shares were up 2.4% during trading on Tuesday . The company traded as high as €342.30 ($356.56) and last traded at €342.00 ($356.25). Approximately 115,369 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 178,994 shares. The stock had previously closed at €334.00 ($347.92).

MTU Aero Engines Stock Performance

The company has a debt-to-equity ratio of 54.76, a quick ratio of 0.90 and a current ratio of 1.18. The business has a 50-day moving average price of €326.16 and a 200 day moving average price of €302.32. The stock has a market capitalization of $18.61 billion, a P/E ratio of -30.31, a PEG ratio of 1.34 and a beta of 1.49.

About MTU Aero Engines

(Get Free Report)

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).

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